"That ranks the Miami-Fort Lauderdale-West Palm Beach metro area fifth among the Top 5 investment return leaders with populations of at least 1 million...IN CONTRAST, SOUTH FLORIDA'S PROFIT RETURNS WERE MUCH HIGHER THAN PLACES SUCH AS NEW YORK-NEWARK-NEW JERSEY CITY (63.2%) AND LOS ANGELES-LONG BEACH-ANAHEIM (64.2%)." (Article link below.)
https://www.bizjournals.com/southflorida/news/2024/07/25/south-florida-home-sellers-made-80-profit.html